The price of Williams Cos Inc (NYSE:WMB) shares last traded on Wall Street fell -0.10% to $52.25.
WMB stock price is now 11.70% away from the 50-day moving average and 27.71% away from the 200-day moving average. The market capitalization of the company currently stands at $63.69B.
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On October 04, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $52 to quote $58, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’
In other news, Wilson Terrance Lane, SVP & General Counsel sold 2,000 shares of the company’s stock on Oct 01 ’24. The stock was sold for $90,580 at an average price of $45.29. Upon completion of the transaction, the SVP & General Counsel now directly owns 304,200 shares in the company, valued at $15.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 01 ’24, Officer Wilson Terrance Lane bought 2,000 shares of the business’s stock. A total of $90,580 was incurred on buying the stock at an average price of $45.29. A total of 0.42% of the company’s stock is owned by insiders.
During the past 12 months, Williams Cos Inc has had a low of $32.65 and a high of $52.82. As of last week, the company has a debt-to-equity ratio of 2.14, a current ratio of 0.45, and a quick ratio of 0.39. According to the stock market information, the enterprise value for the company is $92381151232, which is based on a 22.62 price-to-earnings ratio, a 5.21 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for WMB is $46.7762 and a two-hundred day moving average price translates $40.91275 for the stock.
The latest earnings results from Williams Cos Inc (NYSE: WMB) was released for 2024-06-30. The net profit margin was 27.52% and return on equity was 23.65% for WMB. The company reported revenue of $2.34 billion for the quarter, compared to $2.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.92 percent.
